Submitted by JustZonesing t3_121zf3s in news
christhomasburns t1_jdyixdz wrote
Reply to comment by Thr0waway3691215 in Police Captain Criminally Charged 1 Day after Retirement by JustZonesing
That's the literal definition of a ponzi scheme, but you do you. Doesn't matter anyway. If you were born after 1980 it'll be insolvent by the time you retire.
Thr0waway3691215 t1_jdyk21k wrote
No, it's really not, it's been paying out its obligations as promised. I get what you're trying to say, but that just makes it underfunded. There's nobody running off with all the money, it's going to people it's supposed to, so that immediately eliminates it being a Ponzi scam.
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